M&A Deal Summary

Lucent Technologies Acquires Mobilitec

On November 6, 2006, Lucent Technologies acquired software company Mobilitec from Salt Creek Capital

Acquisition Highlights
  • This is Lucent Technologies’ 1st transaction in the Software sector.
  • This is Lucent Technologies’ 3rd transaction in the United States.
  • This is Lucent Technologies’ 2nd transaction in California.

M&A Deal Summary

Date 2006-11-06
Target Mobilitec
Sector Software
Buyer(s) Lucent Technologies
Sellers(s) Salt Creek Capital
Deal Type Add-on Acquisition
Advisor(s) Rutberg Holdings (Financial)

Target

Mobilitec

San Mateo, California, United States
Mobilitec's software platform is used by mobile carriers throughout the world for content delivery capabilities. Mobilitec's software enables aggregation, provisioning, billing and management of dynamic content to maximize revenue opportunities.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Lucent Technologies

Murray Hill, New Jersey, United States

Category Company
Founded 1996
Sector Technology Hardware
Revenue 9.4B USD (2005)
DESCRIPTION

Lucent designs and delivers communications systems, services and software. Lucent's customer base includes communications service providers, governments and enterprises worldwide.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2006 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-23 Riverstone Networks

Santa Clara, California, United States

Riverstone Networks, Inc. is a provider of carrier Ethernet infrastructure solutions for business and residential communications services. Riverstone's Ethernet router portfolio uniquely delivers the reliability that allows carriers to meet the triple play -- voice, video and data -- service requirements of their customers in a cost-effective and scalable way. Riverstone allows carriers to offer new services over existing revenue-generating networks permitting them to evolve to a next-generation Ethernet infrastructure.

Buy $207M

Seller(S) 1

SELLER

Salt Creek Capital

Woodside, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Salt Creek Capital is a private equity firm focused on the lower middle-market. SCC targets growth oriented businesses (organic or through acquisitions) with the potential to lead their respective markets. Prospective companies are generally profitable ($1 million+ of EBITDA) and generate $5 to $150 million of revenue. Sectors of interest include business services, energy services, distribution, franchising, logistics, and specialty finance. Target transaction situations include recapitalizations, successions, growth capital financings, shareholder liquidity needs, MBOs, and divestitures. Salt Creek Capital is based in Woodside, California.


DEAL STATS #
Overall 3 of 20
Sector: Software M&A 2 of 3
Type: Add-on Acquisition M&A Deals 1 of 6
State: California M&A 1 of 8
Country: United States M&A 2 of 19
Year: 2006 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Brivo

Bethesda, Maryland, United States

Brivo is a provider of SaaS-based security management systems for organizations that need to protect and remotely monitor buildings and perimeter entry points. Brivo was founded in 1999 and is based in Bethesda, Maryland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Ultracor

Stockton, California, United States

Ultracor is a manufacturer of high-performance composite materials and specialty honeycomb systems for space and aerospace applications. Ultracor was founded in 1995 and is based in Stockton, California.

Buy -